Tianshan Aluminum Group Co.Ltd(002532) : performance forecast for the first quarter of 2022

Securities code: Tianshan Aluminum Group Co.Ltd(002532) securities abbreviation: Tianshan Aluminum Group Co.Ltd(002532) Announcement No.: 2022014 Tianshan Aluminum Group Co.Ltd(002532)

Performance forecast for the first quarter of 2022

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Expected performance of the current period

1. Performance forecast period: January 1, 2022 to March 31, 2022

2. Performance forecast: \uf0a3 turning losses into profits ☑ Rising in the same direction \uf0a3 falling in the same direction

The current reporting period of the project is the same period of last year

Profit attributable to listed companies: 110 million yuan

Net profit of shareholders: 818545500 yuan, an increase of 34.38% over the same period of last year

Profit after deducting non recurring losses: 106 million yuan

Net profit after profit: 780904700 yuan, an increase of 35.74% over the same period last year

Basic earnings per share: 0.24 yuan / share earnings: 0.18 yuan / share

2、 Communication with accounting firms

This performance forecast has not been pre audited by certified public accountants.

3、 Explanation of performance change reasons

The main reasons for the substantial growth of the company’s performance are as follows: 1. Facing the disturbance of epidemic and other factors, the company ensured the safe, stable and full load operation of each production line and successfully completed various production and operation indicators in the first quarter. 2. During the reporting period, the aluminum industry as a whole continued to maintain a high outlook, and the aluminum price remained between 20000 yuan / ton and 23000 yuan / ton. 3. Thanks to the abundant coal resources and price advantages in Xinjiang, the company continues to maintain the advantage of low power cost, and the rise of power cost is far lower than the industry level. 4. The complete layout of the company’s upstream industrial chain can effectively avoid the risk of insufficient supply of raw materials and price fluctuations. During the reporting period, the output of anode carbon project increased by 51% year-on-year, and the self-sufficiency rate was further improved; 5. The output of high-purity aluminum in the first quarter increased by 156% year-on-year, the sales volume increased by 158% year-on-year, and the profit increased by 226% year-on-year. The above projects have brought new profits to the company.

4、 Risk tips

1. This performance forecast is the preliminary estimation result of the company’s financial department. The specific financial data are subject to the first quarter report of 2022 disclosed by the company. Please pay attention to the investment risk.

It is hereby announced.

Tianshan Aluminum Group Co.Ltd(002532) board of directors April 11, 2022

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